12821 Panama Street, Los Angeles, CA 90066

Photo 1

Property Description

First Time Homebuyers. Location, Location, Location. Get this fixer now and build your custom dream home in the future! Great starter home gets you into this peaceful yet highly desired Marina del Rey adjacent neighborhood that has so much to offer. Best value - buy now, build later! Charming 2bed + 1bath has separate laundry room. Move in now and give it some TLC in the future. THIS IS THE GOLDMINE LARGE LOT YOU'VE BEEN WAITING FOR! Prime 5,629sqft lot (50'wide/113'deep). Huge ARV potential. Bring your ideas and your architect, mini mansions are the trend in this area. Unpermitted garage conversion micro studio with bathroom (shower) and countertop for bar frig and microwave. Make it a legal ADU. Backyard has several fruit trees - avocado, guava, calamansi, persimmons and lemon. Easy access to 90, 405 & 105 fwy. Just minutes to LAX. Pavilions, CVS, Trader Joe's, Ralph's, Whole Foods and CostCo are all nearby, along with the many restaurants, shops, banks, theaters etc. A major boon to the area is a nine story Cedars Sinai Marina del Rey Hospital, scheduled for completion in 2026. Who wants to be near the beach? Playa del Rey, Venice and Santa Monica in addition to Marina del Rey Mothers Beach, Fisherman's Village and Burton Chase Park for a picnic and a stroll along the water & boats! Easy to see. Sellers has already identified a replacement property. They are anxious to make a deal!


Interior Features

Laundry Information
Location(s) Laundry Room
Bedroom Information
Bedrooms 2
Bathroom Information
Bathrooms 1
Flooring Information
Material Carpet, Tile
Interior Information
Cooling Type None

Listing Information

Address 12821 Panama Street
City Los Angeles
State CA
Zip 90066
County Los Angeles
Listing Agent Arleen Revilla DRE #01307271
Courtesy Of R1R
Close Price $1,150,000
Status Closed
Type Residential
Subtype Single Family Residence
Structure Size 864
Lot Size 5,629
Year Built 1950

Listing information courtesy of: Arleen Revilla, R1R. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 10th, 2024 at 10:18 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.